Charlie Wu

Like the other first 50 people in line here, Charlie was at Target for the 50-inch Element LCD TV priced at $229. He also planned to buy iPads, since Target was offering a $100 gift card with purchase of an iPad.

"I'll buy as many iPads as they'll let me buy," he said. "My dad and I do Black Friday very year. It's calmer than usual this year."

While some of his purchases were for gifts, Charlie said he might sell some online, too.